gbz vs cdu

ladies and gents, just a few facts and figures regarding GBZ shareprice in relation to CDU, found it interesting as some people have used a correlation between the 2 companies in the past.

GBZ had its highest close on 24/11/09 at 30.5c, at the same time CDU closed at $5.81

GBZ fell to its lowest point of 11.5c on 3/3/10, a drop of 62.29%, on 3/3/10 CDU closed at $3.96, a drop of 31.84%, ie CDU dropped pretty well half as much as CDU

as of close today, GBZ has risen 13.04% back to 13c, in the same time CDU has risen 25.05% back to 4.97, ie CDU has risen basically twice as much as GBZ

so when CDU fall, GBZ falls twice as hard and when CDU rises GBZ rises at half the rate, not encouraging at all, if we use these 2 companies in comparison.


for holders out there of GBZ, if you want to see the shareprice get back to 20c which is an increase of 53.8% from todays close then CDU will need to have a closing price of $10.31 on these statistics.

obviously this is not taking any positve or negative news into consideration for GBZ, food for thought.